Bitcoin Falls Below $35,000 Level Bitcoin experienced a brief surge above the $35,000 level on Wednesday but has since retreated below this mark. Despite the decline, the cryptocurrency continues to trade close to an 18-month high on Thursday. During yesterday's session, BTC/USD reached a high of $35,133.76, but it dropped to an intraday low of […]
Bitcoin Dominance Surges to 54% in 2023 Recent data reveals a surge in bitcoin's dominance in the cryptocurrency market, reaching levels not seen since February 2021. Currently, bitcoin (BTC) constitutes approximately 54% of the total cryptocurrency market value, with ethereum (ETH) trailing at just above 17%. Bitcoin's dominance has seen a significant increase this year,
Bitcoin’s Dominance Reaches New Heights with Over 50% Market Share Read More »
Ricardo Salinas' Bold Recommendation In a recent interview with Bitcoin Magazine, Ricardo Salinas, the honorary chairman of TV Azteca and a prominent Mexican billionaire, made an impassioned case for investing in Bitcoin and rejecting traditional financial systems. Salinas, recognized by the Atlas Society for his pro-individualism and free-market philosophies, stressed the importance of safeguarding wealth
Mexican Billionaire Urges: Invest in Bitcoin, Ditch Bonds, and Guard Against Inflation Read More »
XRP Gains Momentum, Reaches Highest Point in Over a Month XRP, formerly known as ripple, experienced a significant surge on Tuesday, marking its fourth consecutive day of gains. The overall sentiment in the crypto market has been mostly bullish, with the global crypto market cap rising by nearly 10%. Bitcoin, the leading cryptocurrency, is also
XRP and Cardano Surge as Crypto Market Reaches New Highs Read More »
The Rise of Bitcoin On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin's value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. Impressive Gains Across the Market As the market soared, traders who had placed
Bitcoin Surges 13%, Wiping Out $323 Million in Short Positions Read More »
According to a recent report by blockchain forensics firm Chainalysis, North America remains the largest cryptocurrency market in the world, despite ongoing regulatory uncertainty. The report also highlights a decline in stablecoin-related activity and decentralized finance (defi) usage in the region. Institutional Crypto Activity Drives North America's Market Chainalysis reveals that between July 2022 and
North America Continues to Lead in Crypto Market Despite Regulatory Uncertainty Read More »
Sam Bankman-Fried Prepares to Plead His Case Directly to Jury Former FTX chief, Sam Bankman-Fried, is set to testify in his ongoing trial, according to his defense lawyer, Mark Cohen. Following testimonies from several witnesses who have spoken against him in recent weeks, Bankman-Fried has decided to make his case directly to the jury. Defense
Former FTX Boss Sam Bankman-Fried to Testify in High-Stakes Trial Read More »
Bitcoin's Futures Landscape Heats Up The open interest (OI) for Bitcoin futures has witnessed a remarkable surge, reaching 100,000 bitcoins (equivalent to $3.4 billion) on CME Group within a single day. This surge is not limited to CME Group alone; platforms like Binance, Deribit, Bitget, and Okx are also experiencing significant increases in open interest.
Bitcoin Futures Open Interest Surges as Market Enthusiasm and ETF Anticipation Rise Read More »
Robert Kiyosaki Differentiates His Investment Strategy From Warren Buffett’s Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has revealed his investment strategy, highlighting how it differs from the approach taken by Warren Buffett, the CEO of Berkshire Hathaway. Kiyosaki shared on social media that he is an average investor who focuses
Dogecoin (DOGE) Dogecoin experienced a significant surge on Monday, surpassing a key resistance level and reaching its highest point since August 31. The meme coin started the week at $0.06068 and quickly rose to an intraday peak of $0.06525. This breakout above the $0.0640 ceiling was driven by a breakout at the 65.00 level on
Dogecoin and Polygon Surge as Cryptocurrency Market Remains Bullish Read More »